by Dan Mitchell | May 24, 2026 | Blogs, Economics
When writing about corporate taxes and the Laffer Curve, I almost always will share these two charts from left-leaning, pro-tax international bureaucracies. This first chart is from the International Monetary Fund and it shows that corporate tax...
by Dan Mitchell | May 22, 2026 | Blogs, Economics, Free Market, Socialism
As far as I know, Matt Mitchell and I are not related, but we both have a low opinion of socialism. He covers a lot of ground (defining socialism, the role of prices, socialism’s death toll, and the myth of Nordic socialism) in this...
by Dan Mitchell | May 21, 2026 | Blogs, Economics
Earlier this month, in Part V of my series on the U.S. vs. Europe, I shared a chart showing the OECD calculations of “Actual Individual Consumption.” The AIC numbers are designed to give people an apples-to-apples comparison of living standards. I’m re-sharing the...
by Dan Mitchell | May 20, 2026 | Blogs, Economics
When I write about GDP, it’s generally to highlight the relationship between economic liberty and national prosperity. If I’m feeling wonky, I sometimes write columns arguing that we should be more interested in gross...
by Dan Mitchell | May 17, 2026 | Blogs, Economics, Taxation, Trade
Trade taxes are bad for the economy (see here, here, and here). But that’s hardly a shocking revelation. That’s the nature of taxation (personal income taxes also are bad for the economy, as are corporate income taxes, payroll taxes, capital gains...
